Samantha Buker wrote an interesting post today onWho Killed 21 Georgia Banks?
Here’s a quick excerpt
Finally, we have National City (acquired by PNC). What does this tell us? If all the big enablers for these loans are shutting up shop under duress, it makes you think there could be something wrong with the product. Instead of letting the free market eat the … “Fannie Mae and Freddie Mac will remain in limbo, as the U.S. Treasury secretary said the government doesn’t have time now to deal with the future of the two mortgage-finance companies it seized in September. …
Read the rest of this great post here: Who Killed 21 Georgia Banks?
